Loading proofofbrain-blog...

Time To Correction For Bitcoin Price

Today, Bitcoin price touched 100-day Moving Average. I shared lots of post about 100-day MA and It is very important resistance for Bitcoin and all cryptos..

It is very difficult to break up this great resistance for first time. Bitcoin needs new story to break up this great resistance in after first touch. Do we have? I think no.

So Bitcoin price make correction after touching 100-day MA.

Ekran Resmi 20220813 21.40.18.png

I think we are in hidden bullish trend and ultra mega bearish trend have ended.. So, Bitcoin may make short correction after touching 100-day MA.

Here is also RSI Indicators downtrend line, Bitcoin has touched it finally. It is time to make decision for Bitcoin to go up or down..

Ekran Resmi 20220813 21.47.42.png

There is also uptrend line coming from the bottom of Bitcoin Price where BTC has touched there in 18th June..

So, Uptrend line of RSI Indicator may be great support If BTC makes correction after touching 100-day MA..

Ekran Resmi 20220813 21.48.45.png

I think you should be careful for a few days while trading. I will watch the market while being out.

We will see...

H2
H3
H4
3 columns
2 columns
1 column
2 Comments